Pork

A US judge has ruled that several major pork producers must answer antitrust allegations in court over claims they conspired to limit supply and inflate prices, resulting in billions of dollars in overcharges.

The US pork industry urges Canada to keep pork out of retaliatory tariffs amid rising trade tensions a few days after China renewed US pork export registrations, securing a key market for American producers.

Smithfield Foods has reported strong financial results as hog production declines. Hog production continues to decrease, aligning with Smithfield’s strategy to limit exposure to market fluctuations.

The ten-year deal will see Cranswick supply all British pork, sausages, bacon, and cooked meats for Sainsbury’s. The agreement includes investments in pig welfare, farmer support, and sustainability initiatives.

Over 300 US pork facilities receive registration renewals for exports to China.